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Dhaka-Sirajganj train services resume

2014-08-27 00:00:00

Train movement on Dhaka-Sirajganj route resumed after suspension for more than half-an-hour following a train derailment near Raipur Railway Station in Sirajganj Sadar Upazila on Wednesday. Sources at the railway station said the engine of Dhaka-bound train ‘Sirajganj Express’ from...

2nd BD Investment Summit Sept 4 in Singapore

2014-08-27 00:00:00

Standard Chartered Bank Bangladesh and The City Bank Limited Wednesday announced the 2nd Bangladesh Investment Summit, Asia will be held on September 4 in Singapore. This summit will be organised by FianaceAsia in association with AsianInvestor and Standard Chartered Bank...

IMF chief Lagarde under investigation in France

2014-08-27 00:00:00

IMF chief Christine Lagarde says she is under official investigation for negligence in a French corruption probe that dates back to her days as finance minister. In a statement Wednesday after a fourth round of questioning before magistrates, Lagarde said...

Court sends Sylhet JCD men to jail

2014-08-27 00:00:00

A Sylhet court has sent three activists of Jatiyatabadi Chhatra Dal (JCD) to jail rejecting their prayers for bail in a case over death of an auto-rickshaw driver. Judge of Sylhet Metropolitan Magistrate Court-3 Anwarul Haque passed the order when...

UCB inks deal with Protective Islami Life Ins

2014-08-27 00:00:00

United Commercial Bank Limited (UCB) signed an agreement with Protective Islami Life Insurance Limited Wednesday at the Corporate Head Office of the bank. As per the agreement, Protective Islami Life Insurance Limited will be Group Term Insurance Coverage service provider...

BD wants duty-free access to D8 nations

2014-08-27 00:00:00

Bangladesh has called for duty and quota free access of its products to the D8 (developing eight) countries. Commerce Minister Tofail Ahmed raised the demand during a meeting with the visiting high-powered D8 delegation led by its Secretary General Seyed...

Venezuela battles obesity amid dearth of good food

2014-08-27 00:00:00

Venezuela's socialist government is sounding the alarm about growing waistlines in a country where record food shortages are making it harder to put healthy meals on the table, prompting many people to fill up on empty calories. Authorities launched a...

Pakistan minister urges opposition to ease demands

2014-08-27 00:00:00

A Cabinet minister has urged Pakistan's two key opposition figures leading mass rallies outside parliament to back off their demand for the prime minister's resignation in ongoing talks with the government. Railways Minister Saad Rafiq says the two opposition leaders...

Deal planned for travelling to India by waterway: Muhith

2014-08-27 00:00:00

Bangladesh will sign a deal with India to introduce waterway travel between the countries, finance minister AMA Muhith has said. "The Cabinet Committee for Tourism Affairs has agreed on it. The treaty will be signed once the prime minister approves...

Crimes against humanity spread in Syria

2014-08-27 00:00:00

An independent UN commission said Wednesday that the Syrian government has likely used chlorine gas to attack civilians and that the Islamic State group committed crimes against humanity with attacks on civilians in two cities in the country's north and...

5 more RAB men arrested for N\\\'ganj 7 murders

2014-08-27 00:00:00

Five more RAB personnel have been arrested in connection with Narayanganj 7 murders. They are Habildar Emdadul Haque, Radio Operator Arif Hossain, Lance Nayek Md Hira Miah, Lance Nayek Md Jalal and Sepoy Abu Taiyab. All of them served at...

Burger King plans expansion of Tim Hortons

2014-08-27 00:00:00

The fight for the coffee and breakfast crowd is heating up, both at home and abroad. Burger King said Tuesday it will buy Tim Hortons in an $11 billion deal that would create the world's third largest fast-food chain. The...

Bulgarian poet Valeri Petrov dies

2014-08-27 00:00:00

Valeri Petrov, Bulgaria's most prominent contemporary poet and a former Nobel Prize nominee who translated the complete works of Shakespeare, has died at age 94. Petrov's family said he died Wednesday in a Sofia hospital following a stroke. Valeri Nissim...

Balfour Beatty ups value of PPP portfolio after review

2014-08-27 00:00:00

British building group Balfour Beatty (BALF.L) said the value of its public-private partnership portfolio had increased by 46 per cent to 1.05 billion pounds following a review.  The company, fresh from snubbing a merger proposal from rival construction firm Carillion...

Boxer Jermain Taylor arrested after home shooting

2014-08-27 00:00:00

Former middleweight boxing champion Jermain Taylor was arrested Friday following a shooting at his suburban Little Rock home, according to a spokesman for the Pulaski County Sheriff's Office. ‘Mr. Taylor was arrested for domestic battery, first-degree, and aggravated assault,’ said...

American woman is being held hostage in Syria

2014-08-27 00:00:00

The Islamic State militant group is holding hostage a young American woman who was doing humanitarian aid work in Syria, a family representative said Tuesday. The 26-year-old woman is the third American known to have been kidnapped by the militant...

North Korea calls US \\\'graveyard of human rights\\\'

2014-08-27 00:00:00

North Korea's government said Wednesday that the police shooting of an unarmed black 18-year-old in Ferguson, Missouri, is evidence that the United States is a ‘graveyard of human rights.’ The comments by a Foreign Ministry spokesman fit a pattern by...

\\\'Economy moving ahead in unbelievable pace\\\'

2014-08-27 00:00:00

Bangladesh economy is moving ahead in an unbelievable pace with most of the economic indicators showing a positive and rising trend, the Ministry of Planning has said. A presentation by the ministry has said the country has managed to attain...

Turkish central bank surprises with cut in overnight lending rate

2014-08-27 00:00:00

Turkey's central bank cut its overnight lending rate by 75 basis points in a surprise move on Wednesday despite stubborn inflation, in its first rate decision since Prime Minister Tayyip Erdogan was elected president. The bank cut the lending rate...

ECB\\\'s Draghi has been ‘overinterpreted’: Germany\\\'s Schaeuble

2014-08-27 00:00:00

Germany’s Finance Minister Wolfgang Schaeuble told a newspaper on Wednesday that European Central Bank chief Mario Draghi had been ‘overinterpreted’ after suggesting that fiscal policy could play a greater role in promoting growth. The comments, made last Friday have been...

RBS fined £14.5m over mortgage advice by FCA

2014-08-27 00:00:00

Royal Bank of Scotland has been fined £14.5m by the Financial Conduct Authority (FCA) for ‘serious failings’ in its mortgage sales business. The City watchdog said RBS did not ensure that it gave suitable mortgage advice to customers. A review...

Libya ministers resign over militia fighting

2014-08-27 00:00:00

The official Libyan news agency says six ministers have resigned after accusing the government of taking sides in escalating battles among rival militias. LANA, quoting TV network al-Nabaa, on Wednesday said the ministers of industry, labor, planning, education and water...

Ukraine crisis: Poroshenko vows \\\'roadmap\\\' for peace

2014-08-27 00:00:00

Ukrainian President Petro Poroshenko says a ‘roadmap’ will be prepared to end fighting between troops and pro-Russian separatists in the east. He was speaking after holding his first direct talks on the crisis with Russian President Vladimir Putin in Belarus....

3rd doctor dies from Ebola in Sierra Leone

2014-08-27 00:00:00

A senior adviser to Sierra Leone's president says a third doctor has died from Ebola, marking a setback in the country's fight against the virulent disease. Presidential adviser Ibrahim Ben Kargbo said Wednesday that Dr. Sahr Rogers had been working...

Ryanair launches business service

2014-08-27 00:00:00

Ryanair has launched a business service in the airline's latest move to revamp its image and catch up with travellers' demands for better treatment. The airline said its ‘business plus’ fares would give customers flexible tickets, more check-in baggage, priority...

Medtronic spends $350M on another European deal

2014-08-27 00:00:00

US medical device maker Medtronic is building stronger ties to Europe, a couple months after announcing a $42.9 billion acquisition that involves moving its main executive offices across the Atlantic, where it can get a better tax deal. The Minneapolis...

Iran says purported Israeli drone came from north

2014-08-27 00:00:00

An Iranian general is saying that a purported Israeli drone shot down near a nuclear facility flew in from a northern country that one was part of the Soviet Union. The semi-official Fars news agency quoted Gen. Masoud Jazayeri, the...

29 diagnosed with anthrax in Sirajganj

2014-08-27 00:00:00

Some 29 people have been infected with anthrax in Ullapara and Shahjadpur upazilas of Sirajganj district. Of them, 20 have been diagnosed with the disease at Char Nandigati village in Ullapara while the rest at Koijuri village in Shahjadpur, said...

Robi invested Tk 10b in Jan-Jun period

2014-08-27 00:00:00

Robi Axiata Ltd (Robi) has invested Tk 9.9 billion in the first half of the current year and got 1.7 million new subscribers to reach 24.0 million, representing 20.6 per cent mobile subscriber market share of the country. This was...

$125m loan deal signed with ADB

2014-08-27 00:00:00

The Asian Development Bank (ADB) and the government on Wednesday signed a loan agreement of $125 million to improve services and governance in the country's pourashavas (municipalities), according to a news agency.